Trust Wallet, a cryptocurrency wallet and exchange platform, has seen increased interest in the past few weeks. The company is currently holding an ICO to raise funds for their project.
The twt token price prediction 2025 is a question that has been asked many times. A lot of people are wondering if the TWT token will reach $1 soon.
- The BEP-20 Trust Wallet Token is a utility token.
- The range of bullish TWT price predictions is $0.8 to $1.
- TWT may have a strong market performance in 2021, hitting new highs.
This post on the Trust Wallet Token Price Prediction 2021 is solely based on technical analysis. In this post, we’ll go through the main factors that went into our TWT price research and forecast.
TWT stands for Trust Wallet Coin and is a BEP-20 utility token. Users of Trust Wallet, on the other hand, get a variety of advantages and incentives. Trust Wallet is a mobile cryptocurrency wallet that supports a variety of native assets as well as prominent crypto tokens on the Ethereum, Binance, and TRON blockchains.
On Binance Chain, Trust Wallet Token was first released as a BEP-2 asset. It was reintroduced as a BEP-20 coin on Binance Smart Chain in October of 2020.
TWT Price Right Now
At the time of writing, the TWT price was $0.63, with a 24-hour trading volume of $31.6 million, according to CoinGecko.
TWT currently has a circulating supply of 250 million coins. Binance, Gate.io, Hoo, MXC.COM, and Bilaxy are now the leading crypto trading platforms for TWT.
Let’s move on to the next section of my TWT price prediction for 2021.
TWT Price Forecast 2021
TWT has exhibited a Measured Move Up Pattern in a short time period, as seen below in this TWT price forecast chart. This pattern has three successive turns, beginning with a minor low and ending with a minor high, followed by at least 70% retracements, and lastly ending with a minor high.
This guarantees, however, that the market will likely to move in the same price structure as it did previously. Furthermore, it should indicate not only the price distance but also the time required to replicate the identical action.
Measured Move Up Pattern is seen on the TWT/USDT chart (Source: TradingView)
TWT shifted from a bear to a bull trend at the start of 2021, as seen above. This indicates that there was a significant amount of trading during that time period.
TWT/USDT Relative Strength Index (RSI) (Source: TradingView)
The RSI (Relative Strength Index) is approaching 70. This implies that the RSI is overbought, which may lead to a market reversal at any moment.
As a result, traders must trade correctly and avoid being swayed by market volatility. Furthermore, traders may be careful and avoid surprise losses as a result of the crypto market’s violent swings.
TWT Price Forecast 2021
Examine the Simple Moving Average (SMA) and the Exponential Moving Average (EMA) as well (EMA).
Price chart for TWT/USDT with 12-day SMA and 9-day EMA (Image courtesy of TradingView)
- $0.86 is the first level of resistance.
- $1.05 is the second level of resistance.
- Level 1 Support – $0.28
- Level 2 Support – $0.16
TWT has experienced a lot of positive movements since the beginning of 2021. The figure above depicts TWT’s strong performance over the past several days. TWT is currently on a bullish trend. If the trend continues, TWT will follow the bulls, breaking over the $0.86 resistance mark and climbing to $1.
The TWT may soar above its all-time high (ATH) price of $0.878 if the bullish trend continues. In contrast, if investors abandon cryptocurrencies, the bears may seize control. Furthermore, the TWT price may drop to almost $0.16, indicating a negative warning.
Disclaimer: The writers’ opinions in this chart are entirely their own. It should not be construed as investment advice.
You’ve been recommended
The trust wallet token price prediction 2021 is a question about the future of the trust wallet token. There are many predictions floating around, but there is one that has caught my eye. It predicts that TWT will reach $1 soon.
Frequently Asked Questions
Is TWT a good investment 2021?
How much are TWT tokens worth?
The price of a TWT token is currently $0.01 USD, but that can change at any moment.
How do I get a TWT on my trust wallet?
To get a TWT on your trust wallet, you will need to have an account with the company that owns the TWT. This is usually done through joining their Telegram group and asking them for one.
Related Tags
- trust wallet token price prediction 2030
- trust wallet token price prediction reddit
- twt token price analysis
- is trust wallet token a good investment
- future of trust wallet token
